The Organization of the Petroleum Exporting Countries (OPEC) saw a decline in its oil production in January, with output ...

U.S. President Donald Trump will restore his "maximum pressure" campaign on Iran and drive its oil exports to zero, a U.S.

Decisions made by oil producer group OPEC take a long-term view of the global markets and are aimed at providing price stability, Secretary General Haitham Al Ghais said at the India Energy Week ...

According to the oil cartel's direct communication data, Nigeria recorded 1,539 million barrels per day in January from 1,485 million recorded in December 2024, an increase of 54,000 barrels.

The Organisation of Petroleum Exporting Countries (OPEC) has expressed deep commitment to long-term market stability over ...

BAKU, Azerbaijan, February 14. Kazakhstan’s crude oil production in January 2025 was estimated at 1.53 million barrels per ...

The Organization of the Petroleum Exporting Countries (OPEC)’s latest monthly report indicates that the price of Iran’s heavy crude oil rose by $6.65, or 9.1 percent, in January compared to December, ...

A worst-case scenario for the West would be if OPEC members embargo oil exports to the U.S. and its key allies.

According to the latest monthly report from OPEC, Iran’s heavy crude oil prices rose significantly in January, increasing by ...

If demand rises with greater strength than expected in 2025, the oil price rally could be even more significant.

OPEC decided ... to stick with its plan - to lift production by 120,000 barrels per day every month for 18 months starting ...